CBC (Central Business Centres) p.l.c. has announced the issuance of €21,000,000 4% unsecured bonds 2033 (subject to an early redemption option by the issuer), following approval by the Listing Authority.
The new bonds will have a nominal value of €100, will be subject to a minimum of EUR2,000, and will be issued at par. The interest rate of 4 per cent will be paid annually on 10th November, with the first interest payment date being 10th November 2022.
The issue will mature in 2033, but early redemption will be possible on the 10 November of each of the years 2027-2032 (both years inclusive) subject to the Issuer giving the Bondholders at least sixty (60) Business Days’ notice in writing.
Full details of the CBC (Central Business Centres) p.l.c. Bonds are set out in the Prospectus dated 24th September 2021 which can be found here.
MeDirect will be accepting applications from anyone, who is interested. All applications must be received by not later than 27th October 2021. In the event of over-subscription, the Issuer reserves the right to close the Offer Period before this date.
If you are interested in applying, please send us a Secure Mail or contact your existing Relationship Manager.
For further information, please call us on (+356) 2557 4400 or send an email to email@example.com.
The information set forth in this article is only for informative purposes and should not be construed as an offer to sell or solicitation of an offer to subscribe for or purchase any investment. The information provided is subject to change without notice and does not constitute investment advice or any guarantee of returns.
Please consider the terms and conditions governing the relevant investment prior to making any investment decision. Investors should note that at worst they may lose all of their invested principal in the event of default, insolvency and/or bankruptcy of the relevant issue. The financial instruments discussed may not be suitable for all investors and investors must make their own informed decisions and seek their own advice regarding the appropriateness of investing in financial instruments or implementing strategies discussed herein.
MeDirect Bank (Malta) plc has based this document on information obtained from sources it believes to be reliable but which have not been independently verified. MeDirect Bank (Malta) plc does not therefore provide any guarantees, representations or warranties. The value of any investment or income may go up as well as down and past performance is no guarantee of any future performance. When an investment is denominated in a currency other than your local or reporting currency, changes in exchange rates may have an adverse effect on your investment.
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